Top Ten Sign You Need Tax Help
Excerpt from For The Love Of Money: The 411 To Taking Control Of Your Taxes and Building Your Net Worth (2005 iUniverse, Inc.), by Shannon Nash, CPA


1. You finally sold those stock options (after all, you learned your lesson from Enron).

2. You purchased or sold a home.

3. You start that new side biz (e.g., sole proprietorship, corporation, partnership, or limited liability company) and accounting is just not your "thang."

4. You hit the PowerBall Jackpot (not only do you need a tax advisor, but you need to contact me - http://www.taxes411online.com).

5. You have a lot of capital gains from stocks, selling a business interest or commercial real estate.

6. You own rental real estate.

7. You have income from several sources (e.g., as an employer, consulting, royalties, rental income, interests in businesses, stock and bonds).

8. You're "internationally known" (unlike Rob Base of "It Takes Two" fame, 1988); meaning you earn money in the U.S. and another country.

9. You're like a rolling stone - you have moved several times over the course of the year and you have a good feeling all of your year-end tax statements did not forward correctly.

10. YOU WOULD RATHER [insert anything here] THAN READ TAX RETURN INSTRUCTIONS!!!!


Copyright 2005. Shannon Nash. All rights reserved.


Shannon Nash is a tax attorney and C.P.A. She received her Bachelor's degree in accounting from the University of Virginia, McIntire School of Commerce and her law degree from the University of Virginia School of Law. She is a past officer of the American Bar Association and Chair of the National Bar Association Tax Section. She also writes the "Special Needs Journey" column. For more information about For the Love of Money, see http://www.taxes411online.com.

October 1, 2005